(TheNewswire)
April 4, 2022 – TheNewswire - Vancouver, BC – BQE WaterInc. (TSXV:BQE), (OTC:BTQNF) , a leader in sustainable mine water management, and Nuvumiut Development Inc, an Inuitcommunity-based company serving the mining industry, have formed ajoint venture company, BQE Water Nuvumiut Development Inc, to providewater management and treatment services for natural resourcedevelopment projects north of the 55th parallel in the northern thirdof Québec known as Nunavik.
" We are very pleased to enter intothe partnership with BQE Water. They have been involved withGlencore’s Raglan Mine where they have managed and treated water for16 years,” said Lukasi Pilurtuut, President of Nuvumiut Development.“Our joint venture with BQE Water is unique as it extends beyondsocio-economic benefits and gives us an opportunity to gain insightinto and a more active role in the protection of our aquaticenvironment for present and future generations.”
Don Cameron, General Manager for Nuvumiut Development added, “Welook forward to working with BQE Water to seek new business prospectsin Nunavik. The involvement of local communities provides anopportunity to build trust and mutual support for mining projects aswe work together for a cleaner and greener future.”
David Kratochvil, President & CEO of BQE Water commented, “Ourmission at BQE Water to produce clean water is very much aligned withthose of the communities in which we work. We believe localcommunities have an active role as stewards of clean water for miningprojects. Our role as technical experts with extensive mine waterexperience is to share our knowledge and train members of localcommunities. This enables communities to actively participate inprotecting the aquatic environment where they live while providingthem with employment and professional career opportunities.”
The joint venture company is alsoregistered with Makivik Corporation, an Inuit land claims organizationthat administers and invests the funds, promotes economic growth andthe preservation of Inuit culture, language, health, welfare, reliefof poverty and education of Inuit communities.
About Nuvumiut Development
Nuvumiut Development is an Inuit community-basedcompany with the mandate to secure and facilitate the development ofhuman resources in the communities of Salluit and Kangiqsujuaq inNunavik through business development and enterprises that benefit notonly individual community members but communities as a whole. Formedin 1996, the company is fully owned in equal share by QaqqalikLandholding Corporation of Salluit and Nunaturlik LandholdingCorporation of Kangiqsujuaq. In recognition of the exceptionalcontributions Nuvumiut Development has made to both local communitiesand the environment, the 2010 PDAC Skookum Jim Award for AboriginalAchievement in the mineral industry was presented to Willie Keatainakwho was the serving president when the letter of intent and subsequentframework agreement between BQE Water and Nuvumiut Development wasfirst drafted in 2021.
About BQE Water
BQE Water is a service provider specializing in water treatment andmanagement for metals mining, smelting and refining. We are helpingto transform the way the industry thinks about water in the context ofnatural resource projects by offering services and expertise whichenables more sustainable water management practices and improvedoverall project performance at reduced risks. BQE Water invests ininnovation and has developed unique intellectual property through thecommercialization of several new technologies at mine sites around theworld for organizations including Glencore, Jiangxi Copper,Freeport-McMoRan and the US EPA. BQE Water is headquartered inVancouver, Canada and trades on the TSX Venture Exchange under thesymbol BQE. Visit www.bqewater.com for moreinformation.
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For further information please contact:
BQE Water Inc.
Suite 250 – 900 Howe Street
Vancouver BC Canada V6Z 2M4
David Kratochvil, President & CEO
dkratochvil@bqewater.com
Heman Wong, CFO
hwong@bqewater.com
604-685-1243 or 1-800-537-3073
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